Under limited supervision, markets, underwrites and administers the most complex risks within a Surety office. Possesses a superior level of technical expertise and serves as a resource to other Surety employees as needed. Works directly with the home office underwriter. Monitors quality of underwriting in assigned offices utilizing self-audit processes and/or other techniques. Evaluates and analyzes new surety obligations and provides management with statistical reporting, as assigned.

Liberty Mutual Surety, a business unit of Liberty Mutual Insurance, is the world's largest global Surety, including in the United States. Conducting business worldwide through fronting relationships and Liberty-owned subsidiaries, we provide bonds in over 60 countries for construction firms, manufacturers and suppliers, and commercial enterprises on an account and transactional basis. We are committed to building mutually profitable relationships by providing smart business solutions, ease of doing business, and consistent, responsive service. Liberty Mutual Surety is dedicated to the communities we serve and highly values a diverse workforce in more than 16 countries.

Responsibilities

• Meets with agents/brokers in assigned territory to solicit business/account submissions via marketing efforts and educate agency representative(s) on Liberty Mutual Surety policies, procedures, appetite, and requirements. Act in a consultative capacity and discuss/review agency accounts and performance. Stay abreast of Liberty Mutual Surety product lines and identify cross-selling opportunities with agent, engaging/referring appropriate parties as necessary.
• Performs analytical evaluations of financial statements on both a static and trend basis. Determines an underwriting position of the most complex risks, and monitors their financial position through analysis of interim financial statements and work in progress data as appropriate. Recommends and monitors milestones and potential exit strategy on accounts showing high risk trends.
• Responsible for investigation, analyzing, and managing all necessary underwriting/accounting/work flow issues, within framework of Surety/Global Specialty policies and procedures, arising on the most complex risks in the office. Some examples include, but are not limited to, multiple surety accounts, captive reinsurance programs, joint ventures, and international transactions.
• Participates in meetings, and may independently meet with accounts to assess their general management acumen, past experience, work experience of key personnel, depth of organization and desired work objectives, i.e., credit needs in the future to ensure that work undertaken will be successfully prosecuted.
• Reviews, recommends and independently negotiates with internal and external parties (CPAs, bankers, lawyers, architects, engineers and subcontractors, etc.) to secure additional underwriting detail, as necessary, to assess risk on preliminary and ongoing basis.
• Analyzes all statistical reports, claims data, and other financial exhibits, as directed by Manager.
• Assists Surety Accounting in the collection of agency/account overdue accounts receivable, accounting/billing issues as needed.
• Makes recommendations to Manager for proper lines of authority regarding accounts under their responsibility to be submitted to Home Office. Monitors and controls utilization of such lines to ensure compliance with guidelines.
• May assist in monitoring work of other underwriters in the office to ensure that account updates to Home Office are completed in accordance with underwriting and service standards. Assists and supports less experienced underwriters with respect to technical underwriting issues, supporting and guiding same in meetings with agents, contractors and others, as necessary.
• May serve as technical expert and lead for other underwriting personnel in Surety offices. Provides analytical reports to Manager as directed.

• BA/BS in Business Administration or related field typically required
• A minimum of 4, typically 5 or more years of surety UW experience and/or other related experience
• Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility
• Demonstrated ability to communicate complex analyses and information in understandable written and/or oral directives to other persons in the organization for underwriting or training purposes
• Demonstrated effective communication and interpersonal skills in dealing with agents, brokers, CPAs, bankers, attorneys, etc
• required
• Must demonstrate comprehension of complex technical underwriting issues and be capable of defining and implementing necessary underwriting and administrative processes/ work flows to properly manage or administer those issues
• Demonstrated track record of business development

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.